The global bird feeder market revenue is expected to generate USD 2.1 billion by 2031 at a CAGR of 6.5%
PORTLAND, OREGON, USA, July 20, 2022 /EINPresswire.com/ — According to a new report released by Allied Market Research titled “Bird Feeder Market”, the bird feeder market size was valued at $1.1 billion in 2021, and is expected to reach $2.1 billion by 2031, growing at a CAGR of 6.5% from 2022 to 2031.
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The global bird feeder market is expected to witness significant growth, owing to the introduction of digital technologies in bird feeders in the near future. Rising interest of people, especially young people, to learn more about different species of birds and adoption of bird watching as a hobby is expected to boost the demand for bird feeders in the years to come. The population of bird watchers has increased significantly since the COVID-19 pandemic in 2020. This is fueling the growth of the bird tourism industry across the globe. The growth of the bird feeder market is expected to grow exponentially with the increasing popularity of avitourism and the integration of digital technologies in bird feeders.
The use of recycled plastics and wood materials in the manufacture of bird feeders is expected to increase significantly. Increasing government initiatives to reduce plastic use and promote sustainability are expected to create huge demand for sustainable and environmentally friendly bird feed products, especially among consumers in developed markets across Europe. and North America. The increasing accumulation of plastic waste, the increase in initiatives to promote a green and clean environment and government laws on the protection of ecosystems are expected to play a crucial role in the production process and the supply of raw materials for manufacturing. bird feeders.
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Feeder tube segment was the leading market segment in 2021 and is expected to grow at a significant CAGR of 6.0% during the forecast period.
The plastic segment dominated in 2021 and is expected to grow at a significant CAGR of 6.1% during the forecast period.
The windows segment is expected to grow at a CAGR of 7.8%, in terms of value, during the forecast period.
The online segment is expected to grow at a CAGR of 7.2% during the forecast period.
Europe was the dominant region in 2021, occupying 18.0% of the global bird feeder market share.
According to the bird feeder market analysis, the market is segmented on the basis of type, material, mounting type, distribution channel and region. By Type, the market is segmented into window feeders, tube feeders, hopper feeders, platform feeders and others. On the basis of materials, the bird feeder market is divided into metal, plastic, glass and others. Based on mounting type, the market is divided into pole, pendant, window and others. By distribution channel, it is classified into supermarkets and hypermarkets, specialty stores, other retail stores and online. Regionally, the bird feeder market is analyzed across North America, Europe, Asia Pacific, and LAMEA.
According to bird feeder market trends, by type, tubular feeder segment dominated the market, accounting for 44.4% of bird feeder market share in 2021, owing to easy availability, variety shapes and designs and the protection against cats and squirrels offered by feeding tubes. The demand for hopper feeders is expected to increase among new gardeners, new pet bird owners, and new birders, due to the attractive and familiar design of the feeders.
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According to the bird feeder market forecast, based on the material, the plastic segment is expected to remain dominant during the forecast period. Cheap price, abundant availability of plastic raw materials, easy and convenient handling and long service life are the main features of plastic bird feeders that lead to the dominance of this segment in the global market.
By fitting type, the window segment is expected to be the fastest growing segment with a CAGR of 7.8% from 2022 to 2031. especially in urban cities and towns. According to the United Nations, around 68% of the world’s population is expected to live in urban areas by 2050.
According to the distribution channel, the online segment is expected to be the fastest growing segment, owing to the increase in adoption of online pet stores, increase in internet penetration and the increase in consumer adoption of smartphones. According to the International Telecommunication Union, approximately 64% of the world’s population has access to the Internet in 2021. This number is expected to increase rapidly in the coming years and the demand for online sales is expected to increase significantly.
Regionally, Europe dominated the global bird feeder market in 2021. The presence of a large number of bird watchers in Europe, especially in the UK and Italy, is driving the growth of the bird feeder market. bird feeders. It is estimated that around 50-60% of UK households feed wild birds in their backyards and gardens. North America was the second largest market, due to the growing popularity of birding tourism and the growing adoption of companion birds. According to the latest US Fish & Wildlife Service survey, there were approximately more than 45 million birders, age 16 or older, in the United States in 2016.
Aspects, Inc., Backyard Nature Products, Bird Buddy, Central Garden & Pet Company, Droll Yankees, Duncraft, First Nature, Harris Farm, LLC., Kaytee Products, Inc., Kettle Moraine, Nature’s Way Bird, Songbird Essentials, Wild Bird Habitat Store, Wild Birds Unlimited, Inc. and Woodlink Ltd.
Allied Market Research (AMR) is a full-service market research and business consulting division of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unparalleled quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market areas.
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